2020-02-20 Leeward Exh D (AMEND REZ 2004-024 & AMEND REZ 2004-025)

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from Spring Capital. We are notoh, I'm sorry, well, can I pass these out or do you want us to do these? Basically, it's just a list of developments; it's kind of examples of what they've done throughout the country, most in the West Coast, California, Oregon, but also North Dakota, Oklahoma, Texas and other areas. They are a very seasoned developer. They are well funded. When they, you know, folks on a project, it gets done. So unlike a lot of folks that come to Hawaii looking to do something and fall short, because they don't understand the local construction or, you know, how things work. And this is real, it's a real project, you know, we are committed to working with the current owners to develop this project. But it's hinged on this zoning getting approved, because without the zoning, there is really nothing to develop. It'll go back to Ag land and sit there for however long. I'm happy to answer any questions you have. I think they are, projects kind of speak to themselves. CARR SMITH: Thank you. Questions, Commissioners? VAN PERNIS: I have a question CARR SMITH: Mr. Van Pernis. VAN PERNIS: of this person and also Mr. Fuke and also Mr. Cook. Should I wait until Mr. Cook testifies? CARR SMITH: Mr. Cook, were you planning on testifying? COOK: Yes, I can. CARR SMITH: All right, go ahead, please. COOK: Basically, when the property was acquired back in 2004, we started working with Michael Riehm to lay out a preliminary master plan to develop the project. And one of the things that we found out is that the 100-year floodplain ran right through the property. And we saw that the development of Pualani Estates on the mauka side of the highway, they had, with their development, they had to construct a gunite concrete channel right at the entry to Pualani Estates where the traffic light is. As you enter, on the left side, on the north side, there's a gunite channel there, and then the gunite channel goes down almost to the intersection entering a multi- throat box culvert that goes across the entry road over to where the little park is there. And then the State, when they built the highway, they put an eight-foot diameter concrete pipe under the highway to get the water at the low point, and then it would go over into our property on the makai side of the highway. The water has never even got to enter that, with all the rains through all the years; the water has never got in to the gunite channel. And the reason is the water did not run as the old FEMA map showed it would run. And so what we had to do when we acquired the property back in 2004 and went in to get the property zoned, we had our civil engineers, we had to go and work with FEMA and the State, and we had to do what is called a CLOMR where as you go in and you had, we had to take and do new contours all the way up. So on the north side of Hualalai Road all the way up almost to Hienaloli Street, we had two-foot contours 18 EXHIBIT D